Category: News

TORN Enjoys Uptick After Court Overturns Tornado Cash Sanctions

TORN, the native token of beleaguered crypto mixer Tornado Cash, enjoyed a brief renaissance over the last two days following news that a court had overturned sanctions imposed on the platform by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC). Initially trading around the $9.50 level on...
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How Will Crypto Markets React as $3B in Bitcoin Options Expire Today?

Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This week’s expiry event is slightly larger than last week’s, but it is unlikely to have any major impact on spot crypto markets, which have calmed following a...
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Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike

Bitcoin (BTC) held steady during Friday’s Asian hours after Bank of Japan (BOJ) lifted the benchmark borrowing cost to the highest in 17 years while raising inflation forecasts. “If the outlook presented in the January Outlook Report will be realized, the Bank will accordingly continue to raise the policy...
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SEC repeals SAB 121, easing crypto custody rules

Today, on Jan 24. 2025, the Securities and Exchange Commission (SEC) issued a staff accounting bulletin that revered a previous bulletin that made public banks and other publicly traded entities treat digital assets held in custody differently on their balance sheets....
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BlackRock Goes Big: $600 Million Bitcoin Purchase Sparks Market Buzz

Guess who’s back and buying more Bitcoin? It’s Blackrock taking a bolder approach to the world’s top digital asset. According to Arkham Intelligence’s recent tracking, BlackRock reportedly bought $600 million worth of Bitcoin on January 22nd, the most significant buy this year. Arkham added that this latest acquisition pushed...
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